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3.2 Acres on Route 1
For Sale
$895,000
Pending

532 Elm Street US Route 1, Biddeford, ME 04005

3.2 acres on Route 1 with high traffic visibility.

Property SizeContact for details
Lot Size3.20 Acres
Days on Market851

Property Features for 532 Elm Street US Route 1

General Information

Standard status Pending
Lot size 3.20 Acres
Property subtype Other

Taxes and HOA fees

Annual Taxes $4,382

Amenities

3
Parking.
Other Parking.
3.2
Listing Agency: Better Homes & Gardens Real Estate/The Masiello Group
Listed By: L Roger Lajeunesse
Source: Xome
Added: May 3, 2024 Changed: Aug 21 Last Checked: Aug 30 at 1:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Better Homes & Gardens Real Estate/The Masiello Group

Investment Insights

Based on property information with market context.

This is a unique opportunity to purchase 3.2 acres of commercial land. The property is located on Route 1, across the street from the newly built Federal Courthouse. The location offers high traffic visibility in the Five Points area, with a daily traffic count of 13,841 (DOT). Public water and sewer services are available at the road frontage, along with electrical utilities.

Key Highlights

  • 3.2 acres on Route 1
  • Across the street from the newly built $65m Federal Courthouse
  • High traffic visibility at new Five Points with 13,841 +/- daily traffic count (DOT)

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 04005, ME

24,581
Population
11,001
Households
2.2
Avg Household Size
39
Median Age
29%
College-Educated
95%
High-School Grad
47.9 sq mi
ZIP Area
513
Density / Sq Mi
$71,268
Median Household Income
$39,176
Median Earnings
$1,186
Median Rent
$351,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 3.2 acres on Route 1 with high traffic visibility.
Where is this commercial land located?
The property is located at 532 Elm Street US Route 1 Biddeford, ME.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 3.2 acres on Route 1; Across the street from the newly built $65m Federal Courthouse; High traffic visibility at new Five Points with 13,841 +/- daily traffic count (DOT)
More about this property
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